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Side-by-side financial comparison of IHS Holding Ltd (IHS) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.

IHS Holding Ltd is the larger business by last-quarter revenue ($254.0M vs $151.1M, roughly 1.7× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs 0.1%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $12.3M). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% CAGR vs -22.0%).

IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world, with operations across Africa and Latin America. It is the fifth-largest independent multinational tower company in the world.

Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.

IHS vs RGR — Head-to-Head

Bigger by revenue
IHS
IHS
1.7× larger
IHS
$254.0M
$151.1M
RGR
Growing faster (revenue YoY)
RGR
RGR
+3.5% gap
RGR
3.6%
0.1%
IHS
More free cash flow
IHS
IHS
$166.3M more FCF
IHS
$178.6M
$12.3M
RGR
Faster 2-yr revenue CAGR
RGR
RGR
Annualised
RGR
5.1%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IHS
IHS
RGR
RGR
Revenue
$254.0M
$151.1M
Net Profit
Gross Margin
83.6%
17.8%
Operating Margin
2.3%
Net Margin
Revenue YoY
0.1%
3.6%
Net Profit YoY
EPS (diluted)
$0.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IHS
IHS
RGR
RGR
Q4 25
$254.0M
$151.1M
Q3 25
$455.1M
$126.8M
Q2 25
$433.3M
$132.5M
Q1 25
$439.6M
$135.7M
Q4 24
$253.8M
$145.8M
Q3 24
$420.3M
$122.3M
Q2 24
$435.4M
$130.8M
Q1 24
$417.7M
$136.8M
Net Profit
IHS
IHS
RGR
RGR
Q4 25
Q3 25
$147.4M
$1.6M
Q2 25
$32.3M
$-17.2M
Q1 25
$30.7M
$7.8M
Q4 24
Q3 24
$-205.7M
$4.7M
Q2 24
$-124.3M
$8.3M
Q1 24
$-1.6B
$7.1M
Gross Margin
IHS
IHS
RGR
RGR
Q4 25
83.6%
17.8%
Q3 25
47.5%
15.1%
Q2 25
51.3%
3.9%
Q1 25
51.4%
22.0%
Q4 24
72.1%
22.8%
Q3 24
52.0%
18.5%
Q2 24
52.5%
22.3%
Q1 24
39.1%
21.5%
Operating Margin
IHS
IHS
RGR
RGR
Q4 25
2.3%
Q3 25
35.1%
-2.7%
Q2 25
33.8%
-15.6%
Q1 25
37.1%
6.2%
Q4 24
7.8%
Q3 24
29.9%
3.1%
Q2 24
34.0%
6.9%
Q1 24
-1.7%
5.5%
Net Margin
IHS
IHS
RGR
RGR
Q4 25
Q3 25
32.4%
1.2%
Q2 25
7.5%
-13.0%
Q1 25
7.0%
5.7%
Q4 24
Q3 24
-48.9%
3.9%
Q2 24
-28.5%
6.3%
Q1 24
-372.8%
5.2%
EPS (diluted)
IHS
IHS
RGR
RGR
Q4 25
$0.22
Q3 25
$0.44
$0.10
Q2 25
$0.10
$-1.05
Q1 25
$0.10
$0.46
Q4 24
$0.62
Q3 24
$-0.61
$0.28
Q2 24
$-0.36
$0.47
Q1 24
$-4.67
$0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IHS
IHS
RGR
RGR
Cash + ST InvestmentsLiquidity on hand
$825.7M
$92.5M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$-89.8M
$283.8M
Total Assets
$4.5B
$342.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
RGR
RGR
Q4 25
$825.7M
$92.5M
Q3 25
$647.6M
$80.8M
Q2 25
$531.8M
$101.4M
Q1 25
$629.0M
$108.3M
Q4 24
$578.0M
$105.5M
Q3 24
$397.5M
$96.0M
Q2 24
$445.7M
$105.6M
Q1 24
$333.2M
$115.3M
Total Debt
IHS
IHS
RGR
RGR
Q4 25
$3.1B
Q3 25
$3.3B
Q2 25
$3.2B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.5B
Q2 24
$3.6B
Q1 24
$3.5B
Stockholders' Equity
IHS
IHS
RGR
RGR
Q4 25
$-89.8M
$283.8M
Q3 25
$38.1M
$279.6M
Q2 25
$-98.4M
$289.3M
Q1 25
$-184.4M
$321.5M
Q4 24
$-314.4M
$319.6M
Q3 24
$-284.7M
$314.9M
Q2 24
$-308.3M
$321.5M
Q1 24
$-163.2M
$332.0M
Total Assets
IHS
IHS
RGR
RGR
Q4 25
$4.5B
$342.0M
Q3 25
$4.7B
$342.3M
Q2 25
$4.5B
$349.5M
Q1 25
$4.4B
$379.0M
Q4 24
$4.2B
$384.0M
Q3 24
$4.6B
$373.5M
Q2 24
$4.5B
$376.7M
Q1 24
$4.6B
$385.0M
Debt / Equity
IHS
IHS
RGR
RGR
Q4 25
Q3 25
85.85×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IHS
IHS
RGR
RGR
Operating Cash FlowLast quarter
$246.9M
$15.5M
Free Cash FlowOCF − Capex
$178.6M
$12.3M
FCF MarginFCF / Revenue
70.3%
8.2%
Capex IntensityCapex / Revenue
26.9%
2.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$718.7M
$38.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHS
IHS
RGR
RGR
Q4 25
$246.9M
$15.5M
Q3 25
$251.3M
$12.9M
Q2 25
$237.7M
$14.7M
Q1 25
$200.3M
$11.1M
Q4 24
$344.4M
$20.0M
Q3 24
$174.5M
$9.4M
Q2 24
$134.7M
$18.7M
Q1 24
$75.8M
$7.3M
Free Cash Flow
IHS
IHS
RGR
RGR
Q4 25
$178.6M
$12.3M
Q3 25
$189.2M
$7.0M
Q2 25
$197.7M
$9.1M
Q1 25
$153.2M
$10.0M
Q4 24
$282.9M
$16.4M
Q3 24
$122.3M
$2.6M
Q2 24
$74.2M
$10.1M
Q1 24
$14.8M
$5.6M
FCF Margin
IHS
IHS
RGR
RGR
Q4 25
70.3%
8.2%
Q3 25
41.6%
5.5%
Q2 25
45.6%
6.9%
Q1 25
34.8%
7.4%
Q4 24
111.5%
11.2%
Q3 24
29.1%
2.1%
Q2 24
17.0%
7.7%
Q1 24
3.5%
4.1%
Capex Intensity
IHS
IHS
RGR
RGR
Q4 25
26.9%
2.1%
Q3 25
13.6%
4.6%
Q2 25
9.2%
4.2%
Q1 25
10.7%
0.8%
Q4 24
24.2%
2.5%
Q3 24
12.4%
5.5%
Q2 24
13.9%
6.6%
Q1 24
14.6%
1.3%
Cash Conversion
IHS
IHS
RGR
RGR
Q4 25
Q3 25
1.70×
8.15×
Q2 25
7.36×
Q1 25
6.52×
1.43×
Q4 24
Q3 24
1.98×
Q2 24
2.27×
Q1 24
1.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IHS
IHS

Segment breakdown not available.

RGR
RGR

Firearms$150.6M100%
Castings$7.3M5%

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